Blame it on the Owner – Ownership and Energy Performance of Multidwelling buildings

Thomas Broberg () and Alejandro Egüez ()
Additional contact information
Thomas Broberg: CERE and the Department of Economics, Umeå University, Postal: Department of Economics, Umeå University, S-901 87, Umeå, Sweden, http://www.cere.se
Alejandro Egüez: CERE and the Department of Economics, Umeå University, Postal: Department of Economics, Umeå University, S-901 87, Umeå, Sweden, http://www.cere.se

No 2017:4, CERE Working Papers from CERE - the Center for Environmental and Resource Economics

Abstract: Institutional structures may cause considerable inefficiencies in the use of energy. In this paper, we investigate the energy efficiency of multi-dwelling buildings in Sweden to find out whether the type of ownership matters. More specifically, we investigate whether rental apartment buildings are less efficient than cooperative apartment buildings and whether public ownership has a negative impact on energy efficiency. A conceptual framework is presented to illustrate that such differences could be explained by the split incentive problem and deviations from profit maximizing interests. The empirical analysis is based on a unique dataset that combines data from energy performance certificates with ownership data on residential units. The results indicate that cooperative apartment buildings are significantly more energy efficient than buildings with rental apartments. The results also indicate that publicly owned buildings have lower energy performance than privately owned ones.

Keywords: Energy efficiency; Energy performance certificates; Multi-dwelling buildings; Split incentives; Public versus private management; Profit satisficing (search for similar items in EconPapers)
JEL-codes: Q41 Q48 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2017-04-19
New Economics Papers: this item is included in nep-eff, nep-ene, nep-eur and nep-reg
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cere.se/se/forskning/working-papers/837 ... lling-buildings.html (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.cere.se/se/forskning/working-papers/837-blame-it-on-the-owner-ownership-and-energy-performance-of-multidwelling-buildings.html [301 Moved Permanently]--> https://www.cere.se/se/forskning/working-papers/837-blame-it-on-the-owner-ownership-and-energy-performance-of-multidwelling-buildings.html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:slucer:2017_004

Access Statistics for this paper

More papers in CERE Working Papers from CERE - the Center for Environmental and Resource Economics
Bibliographic data for series maintained by Mona Bonta Bergman ().